Crates Point

Analysis

Crates Point is a registered charity in United States, based in The Dalles, OR. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Crates Point reported income of $885k and spending of $1.4m, spending 153% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $843k to $885k (+4.9%), an average of +1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 146% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Crates Point sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OR. Charities of a similar size with the same main cause include Lovers Lane United Methodist Churchfoundation ($883k), Go Tell Ministries Inc ($885k) and New Mount Carmel Foundation Inc ($883k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 41% and program service revenue 40% of the total. Other salaries and wages came to $534k. At year end it held assets of $3.2m against liabilities of $137k, net assets of $3.1m. It reported 40 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.